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? >> tuesday shaping up to be a very big day in parliament. in the morning we are expecting a senior policeman, including the one that put it last night, to appear before the committee. they will be questioned and questioned again about this cozy relationship. also, of course, at the handling of the original investigations into phone hacking. the biggest set piece will be in the afternoon, when they will hear from rupert and james murdock, separately from rebecca brooks, who resigned from her post at news international on friday. >> plenty going on. i know it will keep you busy. >> other stories making headlines around the world today, let's check with thailand and cambodia, ordered to withdraw their troops. the united nations highest court ordered troops to leave the land. a number of people were killed, thousands fled their homes. the postal service website has been hacked into by a group calling itself the union of free syrian hackers. they ended a message with the slogan -- the people want to finance the egyptian revolution. three people have been killed in chile. the government says that
house correspondent, and from cnn money. go big or go home. what is the republican push back? >> reporter: we're going to be finding out very shortly because house speaker john boehner will take to the cameras at 1:30 eastern essentially in the rebuttal to the news conference from the president earlier today. but the push back for republicans has been tax increases. you have republicans who have insisted on no tax increases, and democrats that insisted if there will be spending cuts, to achieve trillions of dollars in deficit savings. they don't want to abandon -- if there are going to be cuts to programs that are huge, they want to be able to say we pushed for sacrifices from wealthy americans and corporations. they are trying to strike kind of a just right agreement. because on one hand, you have a lot of republicans, and many of them who were swept into power in the last election saying we're going to cut spending and make government smaller, so the idea of tax increases, and certainly this is something a lot of them literally pledged they will not do, randi, it would forc
in my book, they are too big, too corrupt, too destructive, too powerful. here in the u.s., there are basically five media companies that own almost all media. and in the uk, it's no different. rupert murdoch and his company simply had too much power. that's why we're seeing high ranking people, even prime ministers, even the head of scotland yard, tied up with this. they had so much power, they had to be kowtowed too. >> lisa bloom, we appreciate that. thank you very much. >> thank you. >>> this scandal is reaching deep now into rupert murdoch's inner circle, and you can be sure that the man at the top is feeling the pressure. murdoch has ads running in seven british papers through monday saying, quote, we are sorry for the phone hacking scandal at the "news of the world." the popular tabloid he just shut down. and here's what he said in his own words. the scandal is widening to another murdoch paper, "the sunday times," and now even the fbi is opening an investigation. the allegations, hacking the personal phones of public figures, and the not so public, from murder vi
minutes that window was big enough and right in time for the shuttle to take off today. >> chad, same kind of rules apply, weather standards for the landing that's coming in 12 days? >> a little bit even -- i would say a little bit more conditional on the rain factor because it's a bigger circle. right now all we had to do was shoot this thing straight up. when we land this thing it has to be very dry. you can't have showers around it. think of a dry day in florida in the summertime. you have to go up edwards, one time to white sands but you cannot fly the shuttle because it's screaming hot. thousands of degrees, you can't bly that through a rain shower. the criteria more tense, harder to get through to land this thing back here at kennedy, but they have a big time -- they're going to have a big-time party when this thing finally does come back here. >> chad myers, appreciate that breakdown. good to see you, as always. thanks to our john zarrella. eight minutes past the hour. >>> sound effect is the u.s. labor market sputtering to a virtual standstill. as you know by now, the economy added
: it is a huge moment for u.s. women's soccer. can they beat back france today? that is the big question. you know what? so many people around the world, as well as people watching them in germany, are actually rooting and cheering for the u.s. they are the favorites to win the world cup. i mean, they just had an incredible performance. you know? here you see them practicing. they had this incredible match against brazil and in the last minute, they scored a goal and then ended up winning on penalty shoot-outs. everyone is still buzzing about how i credible it was. so the question is can they pull it off today? and what many people are saying is that they have got the fitness, they have got the never say die attitude and they hope that they can manage it today. you know, they are very fit and the french have to work their da derrieres off today. >> i think they all will be working their derrieres off. what do you think? you've been watching this closely. >> you've got germany out. that was a huge team and the favorites to win the competition in germany. they got booted out. the brazilians, a
to the start of wall street, u.s. futures to a pretty healthy open. it's in the shadow of the big jobs number out tomorrow. >> indeed. we'll have to see what difference this makes. now, in the u.k., an enormous story, really, that is shaking the government in some ways. certainly putting the prime minister under pressure in parliament. police are theying there will be a full investigation into new hacking allegations, into "the news of the world." it's a sunday newspaper. advertisers are turning their backs on the u.k.'s most popular sunday read. the tabloid stands accused of hacking into the phones of a missing schoolgirl that was later found dead. as well as relatives of the 2005 london bombings six years ago. and the families of soldiers killed in iraq and afghanistan. revelations have made waves across the u.k. and even led to a debate in parliament. and definitely in that debate, i think it's fair to say that the prime minister at times looked very much to be on the back foot. >> he seemed to be. very close with the former editor of "the news of the world." shareholders also getting out
his bid for re-election as attorney general of ohio. there he was a credit of big banks in general and mass foreclosures, and he had a winning streak on a game show. what is the consumer financial protection bureau? it aims to put a stop to predatory lending. it will keep an eye on credit card fees and student loans and keep an ear on consumer complaints. because a whole lot of centers don't like the bureau, the confirmation could be, dare i say, in jeopardy. dan, tell us first why this nomination is not going to elizabeth warren? >> reporter: well, certainly the white house saw her as somebody that could set up the agency and had hoped that she was the person who could potentially lead the agency, but as you pointed out this was somebody who was controversial and ran up against conservatives that would not support her nomination. and one official telling me republicans in congress made clear that they don't support the agency, and they would block all efforts to confirm elizabeth warren as the permanent director. while she was somebody that essentially invented this agency, got it
. they do, however, believe she's no longer in central florida. when she left the jail, you saw the big crowds there. there were people yelling "killer" in that crowd as she got into the suv and left. there is a great deal of emotion still unresolved around this case. we saw a lot of people getting together who were doing something peaceful with those emotions over the weekend. they went to the site where caylee anthony's body was discovered and held a march from that site to the anthony home. all to remember the child whose death started all of this. it was a very solemn occasion. a lot of people walking in the street. at one point it was reported there were cars lined up on the road about a half mile long of people just parking on the roadside going into those woods where her body was discovered to go to that spot and remember that little girl. again, a great deal of emotion. people trying to process all of this on their own. but casey anthony at the moment is still staying out of the public eye even though she has a lot of legal entanglements she will still have to address in the mon
'll keep a close eye on baby jamichael, a big kid. that's it for me on "wake-up call." "american morning" begins right now. >> good morning to you. i'm kiran chetry. a lot going on. let's get you caught up. the end of the line for the "news of the world." the british tabloid shutting down after sunday's edition after new reports that the paper reportedly tried to hack the phones of 9/11 victims. >>> a deal to raise america's debt ceiling still out of reach. talks continue today with the president warning we have ten days left to get an agreement or risk default on this "american morning." >>> and good monday morning to you. start of another week here on "american morning." it is july 11th. nice to see you back. >> great to see you. >> the shuttle went off on the first try. >> i couldn't believe it. we were all thinking the weather was horrible but it went off. can't get the three of us together a whole lot. christine is off. >> summer vacation. >> no deal on raising the debt ceiling. last night talks at the white house fizzled out. president obama making it clear with 23 days to go befor
the markets. >> europe's leaders know they have to get over big political differences if the greek problem is to be solved. >> leaders have to raise above their domestic political agenda, and they will. proposals of the euro group on measures that will risk contagion in your area are you are intelligently needed. >> the fact they are still talking about proposals is surely alarming. this crisis is 18 months old now and investors may be losing patience. matthew price, "bbc news," brussels. >> feels like everyone is losing patience. the ireland situation, junk bond status according to moody. >> yes. the credit rating is now down junk status and by doing these cuts, moody's is doing -- showing that they need to agree and bring in a proper fix for this debt crisis, but it also raise this is discrepancy among the rating agencies. stacey dugard and fitch have ireland raised three notches above jupping status and moody's not only did they downgrade them to junk status but said there could be further doubts come. but the problem for poor ireland, they'll likely be forced to get rid of those bonds,
and those three-month lows for the euro so pretty bleak picture. >>> at the united states a big sell-off on wall street. major averages tumbled, major worries. financial and technology shares were among the biggest losers on monday, bank of america, citigroup, jpmorgan chase and wells fargo all closed roughly 3.5 to 5.5% lower, so really this is touching off fears of a broader financial crisis and don't let's forget the whole situation of the biggest slowdown in the world economy since the 1930s started with the financial crisis and now the worry is with he might go there again. at the close of the play there were triple digit losses for the dow, nasdaq, each closed roughly 2%. painful, pauline. >> let's look at the stock market futures and trading session in the u.s., it's right across the board as well, here's where the u.s. futures stand in premarket action the dow poised to open down by almost 1%, about the same amount for the nasdaq. the nasdaq ended monday's session down 2%, so that's not good news there. also the s&p 500 poised to start the session on tuesday down by 1.25%. we
. these are big proximate but we're a big country and we'll solve it. >> reporter: now, the main issue he's going to have to teal with is why he decided to hire andy colson who was later arrested as part of the investigation into the phone hacking. this is something that was brought up yesterday in the hearings and it turns out that his chief of staff actually warned the british police not to brief the prime minister on these phone hacking issues. lawmakers today are clearly going to try to get to the bottom of this as you can imagine from the opposition labor party. >> david cameron said he didn't know about this either. thanks so much. >> it's going to be hard to top the intensity of what happened yesterday. the theater of yesterday's phone hacking hearings. two hours after telling parliament it was the most hufble day of his life, rupert murdoch took a pie in the face. a 26-year-old man armed with a pie full of shaving cream nails rupert murdoch from behind saying you greedy billionaire and it didn't take long for murdoch's wife there, leapt to her husband's defense. she tried to clock the guy
. >> the proposal would have budget sate h savings of $500 million. -- $500 billion. also it calls for big changes to medicare and social security. >> i think at the end of the day, what the overwhelming majority of americans are saying, fix this. and if it takes a little compromise from both. >> but the is plan faces a harsh reality. tough procedural obstacles means the proposal won't be ready ahead of the august 2 debt ceiling deadline. and a key block of conservatives is already saying no way. >> we know it's going to hurt job creation. we know it's bad for small businesses. we're not going to go for this type of plan. >> with time running out, harry reid, who is still work on a fall back plan with mitch mcconnell says he's now waiting for a signal from house gop leaders. >> we have a plan to go forward over here, but until we hear from the house of representatives, we really are -- all of our work here would be for not. >> now there is also talk of folding elements of the gang of six plan into this so-called fallback plan being worked out between senators reid and senator mitch mcconnell. but
. >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> jack cafferty is here with the cafferty file now. people can watch you stream on a mobile device, an ipad, jack. this is great. >> i have no idea what that means. but i'll trust you. >> it's really good. >> republican congresswoman michele bachmann is a rising star of sorts in a lacklustre to say the least field of gop candidates who hope to challenge president obama next year. bachmann came out on top in three separate polls of likely iowa republican voters last week. go figure. my shael bhaukman's husband marc marcus runs a christian counseling business. former clients say he encourages homosexual patients to try to change their sexual orientation, or at least oppress it. it's called pray away the gay. in an interview, marcus bachm
points of a plan-- no details. but what we can probably gather from this plan-- it has big tax increases in it and all the spending cuts will happen in the out years. well, how many times do politicians think they can pull that one over on the american people? >> reporter: the split among republicans made it difficult for party leaders to determine just what might pass the house. whatever it turns out to be, it still must be acceptable to senate democrats and ultimately to the president. this morning, the senate's majority leader democrat harry reid challenged house speaker john boehner to take matters in hand. >> right now, i'm at a point where we need to hear from the house of representatives. we've planned to go forward over here, but until we hear from the house all our work is for naught. i await word from the speaker. >> reporter: in the meantime, there's general agreement that translating the complex gang of six plan into legislation and votes before august second, is likely unrealistic. that could put the short-term emphasis back on a senate backup plan to let the president raise
are telling us about an accident in the south bay. >> nasa right. we have a jackknifeed big prig -- that's right we have a jackknifed big rig. the fire department is actually unloading the contents and putting it into another it truck so it won't spoil. you can see the congestion as a result, if we could pan off to the right there. we can see that people are slowing down. they are stopping to take a look. so it's causing some congestion in the morgan hill area. all right. let's head to pleasanton right now. this is over interstate 680 where we have metering lights doing a test-run. this is between pleasanton and dublin. right now, the lights are all green. and this is to get folks used to the fact about the lights. here's a six-car crash. look at this backup. this is on 0 westbound at highway 4. a tow truck is on the scene but you can see the damage has been done. the backup is pretty extensive. this will probably last for at least the last half-hour or so. if i were you, i would try to avoid 80 westbound. >>> on this monday, patchy fog at bast f there's not a lot out there. there's rain
walsh, cnn, afghanistan. >>> top of the news this hour, a one new nation in the world, two big celebrations marking independence day. this is the flag of the now independent nation of south sudan, rising for the first time over the capital city of juba. the country is officially separate today after five decades of on and off civil war with the mostly muslim north. the same flag rising today in washington, d.c. over the new embassy of south sudan. >>> the man who won this year's dancing with the stars, well, he may have waltzed himself right into trouble with the dui ticket in atlanta earlier today. hines ward who is a star receiver for the nfl pittsburgh steelers, posted a $1,000 bond. his mug shot taken of him at the dekalb county jail. >>> royal couple will and kate are in california. they're being greeted by celebrities and local politicians. california's first couple gave the couple an ipad 2 loaded with california themed songs and movies. prince william is set to play polo this afternoon in santa barbara. >>> in washington, d.c., a call for peace from the dalai lama, the
, this backup plan could be left as the last option standing. but the big question is always, wolf, will it pass the house? can it pass the house? and this seems to be another example of just how divided the republican party is on this issue. >> yeah, it's a huge, huge division right now. going forward, this debate, we'll see what happens. kate, thanks very much. let's check in with jack right now. he's got the "cafferty file." >> despite that nasty game of chicken going on in washington over raising the debt ceiling. congressional leaders in both parties pretty much agree that doing it is going to be necessary. the argument is over what else goes into the bill that's tying them up and bringing the country dangerously close to defaulting on some of our loans. according to a new poll, 40% do not want the debt ceiling raised and they want their members of congress to vote against any measures that raise it. only 22% want their lawmakers to vote for raising the debt ceiling. and more than 1/3 of americans say they're just not sure. when asked which is a greater concern, 51% say raising the debt cei
. bill: he says you can take care of the debt ceiling one vote. but that leaves a big problem and that's the debt. >> it's the debt itself. i couldn't agree more. the crisis comes, bill, not if we don't pass the debt ceiling, but if we do pass a debt ceiling it send a signal to the financial markets around the world that the united states is not capable of dealing with this enormous debt. that's the crisis. if we don't get a credible plan that brings the deficit spending down over the next two years and the president has been holding out on that. bill: do you think the markets will be spooked by that? >> you are exactly right. even as moody's and s & p said they will downgrade the debt. you would expect for the interest rate on those bonds to go up but the last couple weeks they have gone down. we cast a carte blanche $2.5 trillion increase in the debt i believe that could cause a financial panic. bill: that forces the markets to quiver. >> this is the ultimate point of leverage. that's why there has been a stalemate. republicans said if we cave on this we'll never get serious about sp
and then this dip now? >> e.d., you talk to some analysts and they say, you know what, we had some really big shocks to the economy, to an economy that's already in trouble. first we had that ripple effect from the earthquake and tsunami in japan. that really hit manufacturers and automakers really hard and stopped production in its tracks. that's one effect and one reason we're seeing such low numbers. another reason, these higher oil prices we've been dealing with. they jacked up gas prices, so consumers pulled back on spending on other discretionary items. now, that doesn't help to give companies any extra confidence to hire when they see that nobody is, let's say, walking into their store to buy things. also these high oil prices cut into company's profit margins because for them it costs more to produce these products and distribute these products. these companies, you know, just overall, they aren't hiring. in the economy itself there is just a lot of uncertainty. if the economy would be on solid footing, then they'll hire but we're just not there. and of course amplifying this whole situation
this theater for however long it's been now really pumps it up. i never thought there was going to be a big deficit or debt reduction deal between the two parties because it's not in the interest of either party. i think the republicans were tactically terrible because they allowed obama to sort of portray himself or present himself as the one who is above the fray and who is interested in making the most cuts to the budget and to the debt going forward. and then making it appear, not appear but it's true, the republicans are walking away from a real deal to cut spending in this country. also, it gave obama and the democrats a chance to spotlight the republicans position on taxes. there's no way to get a handle on budget deficits over the long term debt without raising somebody's taxes. >> if this is raising the white flag, if this is going against the base, what is the difference between this and cutting a deal on tax loopholes and other things that would not impact their message overall. what makes this better? >> this is horrible. >> it's stupid. >> it's a nightmare. it's cynical. the se
unpublished research that indicates it might be simply big time peptide disorders. we don't know. i don't think it's as simple as trying to pass by the kentucky fried checken outlet without going in. this is a serious medical problem. we need to know more about it before we know how to treat it right. >> not that i disagree with you, governor but sometimes we reach for more complex reasons when the simpler reasons are in front of us. the tv remote control clicker and video games. this nation is filled with kids from 8 to 18 who never get off the couch. look at the advertisements for the real to life video games we have around us. that's all they play. they don't go out and play catch or run down the block to get milk. >> i think that's true. i didn't mean to say it had nothing to do with it but i think it's going to be a complex set of problems. it's going to defie easy political solutions. >> we'll move on to the budget. nine of ten states with the highest obesity led by mississippi, alabama and west virginia. they lead the nation in diabetes and high blood pressure. it's, you know, ob
sure the motion gets scored and that could be a big pickup in this whole process. that allows things to die. >> that will give them three days to hate it. >> you don't want to deal hanging out there so long because hit a pi like anata. you don't want rank-and-file members to feel like it was crammed down their throats striking that balance on the timing will be critical. >> the deadline to get some the to the floor is what to t? the house republicans announced they canceled one of their work. in their district. >> economists have told me that you will start to seek markets get a little spooked. by the end of next week or early the following week. that is something that will make it from both sides want to avoid. >> does that put more pressure on them? >> absolutely. >> in the week after, they will need a couple of days to debate it in the house and the senate could do it within hours if they have an agreement. if no one tries to filibuster, it will be fairly quick. they should probably start the debate by this week. >> thank you for being part of our program. [captioning performed by
. >> and i'm rebecca jarvis. erica hill is off this morning. big bumer for the u.s. women's team. they were expected to win the world cup on sunday. a nail biter right to the end. it touched off huge celebrations in japan, where they're still recovering from the disasters, the earthquake, tsunami from early this spring. we'll have more on the tough loss for the u.s. women and what lies ahead in just a bit. >> so close. >> so close. >>> let's begin with the latest on the british tabloid hacking scandal. on sunday, london's top cop quit over his department's connection to the accused hacker and executive for the london newspaper was arrested. elizabeth palmer is in london with more this morning. liz, good morning. >> reporter: morning, chris. when this whole affair exploded exactly two weeks ago today, nobody dreamed how many powerful, high profile people would be dragged in and down. rebecca brooks, the former murdoch editor and british ceo, has now been bailed after her arrest yesterday. she spent several hours answering questions at a police station. there are two criminal inquiries now ge
with political philosophy in the house. as the debt line approaches and house republicans are going to have a big choice -- they picked this fight with the president for a reason, the debt limit is not going to be raised unless we do something on the deficit projections now and in to the future. but the problem with the house republicans is, they never answered affirmatively in a politically sa political politically saliable way what the a the answer should be. you have to have a plan that can pass both chambers and the president can sign. otherwise, you're talking past the other party. >> the question is, nicole, what is republican position right now? at the end of last week, we had republican leaders on in the house, guys i like very much personally. been a champion of paul ryan. back from the time i met him, in 1994. but we ask, what do you want? and their position was, it's not enough to close the tax loopholes. we've got to cut tax rates, income tax rates for individuals and corporations. that's not going to happen in 2011. they know it's not going to happen. i say, okay, let's say you got t
with the pie. [unintelligible] host: do you think that this is a big deal at all? in aer: in a way, yes, and a way, no. he is a nice man, but he is too old. it takes a man that this young to do something like that host: do you think you could run all of those companies? caller: me? i am a painter. host: i know. i have your painting in my office. caller: my wife is looking at me and telling me to tell you good morning. host: good morning. send me your e-mail address and i will send you a picture of it in profit -- in my office. caller: listen, my wife's birthday is tomorrow, she turned 81. host: that is right. you married an older woman. mr. peterson, you enjoy that heat wave in texas. we have got to get moving. we appreciate it. this would message, regarding the phone hacking scandal -- host: mike is a republican in arizona. hello. caller: i can see this going on in great britain, i guess the police are involved. but then they are doing it for us in the same manner. scanning e-mails, looking for certain words and what ever. i do not see any difference. i mean, they are exchanging inform
and dime the people who need it most but when it comes to war, there's a big, fat blank check. we need to be honest with ourselves. we need to be honest with each other. across the country, the americans, hard working, tax paying citizens who oppose war. they oppose their hard earned dollars being sent overseas to support 10 long years of war. but let me be clear. they do not oppose paying their taxes. they are not anarchists rr anti-government activists. but as conscientious objectors to war these americans want their taxes invested here at home. think want to provide food for the homeless, pave roads and strong schools. they want medicare and social security to exist for their parents, their children and their grandchildren. they want their tax dollars to care for soldiers and their families when they return home. they will see an end and cure to cancer. they want a cure for aids. they want to see small business thrive. and innovation become the en-in of our economy. they want high speed rail like in asia. they want transit systems that are safe and get people where they knead to go.
. and did you watch the game yesterday? wow. a big bummer for u.s. somer fans. the u.s. women's team was expected to win the world cup on sunday, had a lot of chances. but lost to japan on penalty kicks. it was a nail biter right to the end. it touched off huge celebrations in japan where they're still recovering from the disasters, the earthquake and tsunami, and we'll have more on that tough loss for the usa and also what lies ahead for the u.s. women in just a bit. >> so close. >> so close. >> but we'll get to that coming up. but first let's begin with the latest on the hacking scandal. on sunday, london's top cop quit over his department's connection to the accused phone hacker and while the woman in charge was arrested. elizabeth palmer is in london with more this morning. good morning. >> reporter: good morning, chris. well, when this whole affair exploded exactly two weeks ago today, nobody dreamed how many powerful high profile people would be dragged in and down. rebekah brooks, the former murdock editor and british ceo, has now been bailed of a her ter arrest yesterday. she
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Search Results 0 to 49 of about 78 (some duplicates have been removed)